Gartner Research

Be Cautious Before Investing in Source-to-Settle Suites for Procurement

Published: 25 November 2013

ID: G00255170

Analyst(s): Magnus Bergfors

Summary

There is great interest in source-to-settle suites among Gartner clients, but there are few examples of organizations that have implemented complete suites. This research helps procurement and IT leaders explore the value of natively integrated suites and gives advice on implementation.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Gartner sees a large increase in interest in S2S suites among procurement professionals, primarily driven by the indirect procurement perspective, forcing solution vendors to expand their offerings
    • Embedded Analytics
    • Seamless Data Flow
    • Common Buyer and Supplier Interface
  • Several established procurement technology vendors are offering S2S suites for indirect spend, giving procurement professionals and buying organizations more options
  • A full S2S suite takes at least five years to fully implement, leading to low adoption in organizations where procurement leaders try to implement the full suite at once

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